QUESTION IMAGE
Question
question #7
multiple choice
of all of the important economic impacts of globalization, which of these is least significant?
goods produced internationally may meet different quality standards, fueling a need for more quality control.
as information is more widespread, consumers demand product and service offerings available outside of their own nation.
consumers demand products at lower prices, which leads to outsourcing.
international supply and demand may lead to more reliance on new technologies.
- Goods produced internationally may meet different quality standards, fueling a need for more quality control: This is more of a quality - related operational aspect rather than a core economic impact of globalization.
- As information is more widespread, consumers demand product and service offerings available outside of their own nation: This shows how globalization expands the market for products and services (economic impact).
- Consumers demand products at lower prices, which leads to outsourcing: Outsourcing is a significant economic phenomenon driven by cost - related consumer demands in a globalized economy.
- International supply and demand may lead to more reliance on new technologies: New technologies are often adopted to meet international supply - demand requirements (an economic - technological linkage in globalization).
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Goods produced internationally may meet different quality standards, fueling a need for more quality control.